Current Affairs International - 28 July 2016

1. The World Hepatitis Day is being observed across the world today (28thJuly). The theme this year is 'Elimination'.The goal is to eliminate hepatitis as a public health threat by 2030. As per WHO, World Hepatitis Day is one of eight official global public health campaigns. Hepatitis is a group of infectious diseases known as Hepatitis A, B, C, D, and E. According to WHO Hepatitis affects hundreds of millions of people worldwide, causing acute and chronic disease and killing close to 1.4 million people every year.

2. The Federal Reserve has kept the Interest rate unchanged at the ultra-low level since December 2015 which isbetween 0.25% and 0.5%. The key reason behind that was Brexit which increased uncertainties in the financial world.

3. Oracle Corp announced to acquire NetSuite Inc for around USD 9.3 billion to expand into the fast-growing cloud market.Oracle has recently focused on moving its business to the cloud-based model, essentially providing services remotely via data centers rather than selling installed software.NetSuite, founded in 1998, pioneered the cloud computing revolution, by creating the first company dedicated to providing business applications over the internet.